Best Buy to Close Downtown Palo Alto Magnolia Store; 2 Others
February 15, 2009
Best Buy (BBY: 33.46 +2.45%), the parent company of Magnolia Audio Video has announced that it will be closing certain Magnolia stores and Palo Alto is on the list. Magnolia is located on a hard corner at 180 University Avenue, across from Lytton Plaza, in a 2-story office and retail building. The store was opened in 2002 and was formerly a Ross.
Magnolia will also be closing its Santa Rosa and Emeryville stores, in addition to four other west coast stores. According to some reports, the stores will be closed by the end of the month.
Similar Posts:
- Z Gallerie Closing Third of Stores
- Circuit City Announces 155-Store Closure; Palo Alto and Fremont Stores Included
- Second Quarter Silicon Valley Office Space Leasing Activity
- Forbes List of At-Risk Retailers; Costar Retail Closing Data
- 10 Months Later, Regency Flipping Out East Palo Alto Project
No comments yet.